


asmusbartram
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0Joined Sep 6, 2016
supportandresistance
trendanalysis
trendline
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This is an opportunity for a short term trade. If the short MA crosses the long, it might be a signal that the trend is about to continue upwards. Pull out if the trend breaks the line. Expect risk-reward ratio to be around 2-2.5.
3
ODICO
,
15Short
30 is very likely to be a hard resistance for ODICO. Due to the psychological state. The stock has risen a lot since its IPO, and traders are wondering when the trend is ending. Wait for the stock to approach the levels. If the stock meets resistance there might be an oppertunity. Aim for quite tight stops. Invest safe.
3
The EMA has crossed the MA, and the trend has already begun. Ahead are two resistance points. If the first one is broken, the opportunity might be even bigger. Invest safe.
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